News
Futures Market Concerns about drought in Australia and increasing concerns about quality in Argentina lent support caused Wheat futures to be closed higher this week. Wheat Crop Conditions On October 22, USDA reported winter wheat planting was ... Read More
 
Futures market
U.S. wheat futures fell moderately lower this week on technical selling, weaker than expected exports, and improved planting conditions for winter wheat crops in the Midwest and Great Plains of ... Read More
 
Futures market
U.S. wheat futures fell moderately lower this week on larger than expected increases to USDA estimates for world wheat production and ending stocks as well as rainfall bringing needed moisture ... Read More
 
  Futures market
U.S. Wheat futures closed down this week due to the USDA estimating a larger than expected spring wheat crop and rainfall across the Southern Plains. Chicago found support due to ... Read More
 
Futures market
U.S. Wheat futures closed higher this week on short covering and concerns over the Austalian and Argentinean crops. Wheat Crop Conditions
U .S. winter wheat planting ... Read More
 
Futures market
U.S. Wheat futures ended the week mixed with Chicago and Kansas City wheat futures moving upward thanks to technical buying and a weaker U.S. dollar and Minneapolis futures dropping on poor ... Read More
 
Futures market
U.S. wheat futures ended the week mixed supported by short-covering and a weaker U.S. dollar which makes U.S. wheat more competitive against other origins. Large global supplies of lower protein ... Read More
 
Futures market
Support from strong export demand and a softer U.S. dollar, which makes U.S. wheat exports more competitive against other origins pushed CBOT and KCBT wheat futures higher this week. Seasonal ... Read More
 
Futures market
Technical selling and large Black Sea wheat supplies pressured wheat futures lower this week. Strong export demand lent limited support. Wheat Crop Conditions On August 14, USDA reported winter wheat harvest ... Read More
 
Futures market
Seasonal harvest pressure and a lack of new information on abandoned hard red spring (HRS) acres drove down MGEX futures this week, while large crops in Russia and Ukraine weighed ... Read More
 
Futures market
pressured by reports of large wheat harvests in Russia and Ukraine, wheat futures fell again this week. Seasonal harvest pressure also weighed on MGEX hard red spring (HRS) futures.
... Read More
 
Futures market
News of above average wheat yields in Russia and Ukraine pressured wheat futures lower this week. Wheat Crop Conditions On July 24, USDA reported winter wheat harvest is 84% complete, slightly ahead ... Read More
 
Futures market
Technical selling pushed CBOT and KCBT wheat futures lower this week as harvest nears completion in the southern half of the United States. Deteriorating hard red spring (HRS) crop conditions ... Read More
 
Futures market
USDA’s reduction of 2017/18 its U.S. wheat production estimate was much smaller than traders expected pressuring U.S. futures lower this week. Wheat crop conditions On July 10, USDA reported winter wheat ... Read More
 
Futures market
Wheat futures climbed higher this week supported by worsening crop conditions in the U.S. Northern Plains. Concerns over hot, dry conditions in Australia and overly wet conditions in Argentina lent ... Read More
 

Market News

Omar Slim of PineBridge Investments says he he thinks the U.S. and China are reluctant to see an escalation of trade tensions. But he expects the Chinese yuan to continue on a weakening trajectory versus the greenback on investors' persistent worries about Washington and Beijing's ties.... Read More
 
The dollar was hemmed into a narrow trading range on Friday as traders' focus shifted to U.S. President Donald Trump's response to China's passage of a national security law for Hong Kong.... Read More
 
Should the U.S. Federal Reserve opt to take its benchmark funds rate into negative territory, it will need to "go deeply negative" with a cut of between 50-100 basis points below zero, according to Standard Chartered Bank.... Read More
 
Craig Chan of Nomura explains why the Chinese yuan could breach 7.20 against the U.S. dollar and even weaken towards 7.35 before the U.S. elections.... Read More
 
Waqas Adenwala of EIU says that given the unemployment situation in South Korea, the central bank was right to act now by cutting interest rates. With global trade expected to take a beating this year, he says South Korea's trade-depended economy will face big challenges in the recovery process.... Read More
 
China's central bank is tolerating weakness in the yuan amid rising tensions with the United States, says Marc Chandler of Bannockburn Global Forex, adding the yuan could fall to the levels of 7.30 to 7.40 against the greenback.... Read More
 
The Chinese yuan could weaken to as low as 7.40 against the dollar as tensions between Beijing and Washington show little sign of abating soon, according to Bannockburn Global Forex's Marc Chandler.... Read More
 
The U.S. dollar fell against the euro for the third straight day on Thursday as the common currency continued to bask in the glow of the recently announced 750 billion-euro ($828.90 billion) coronavirus recovery fund amid improved risk appetite, leading investors to favor riskier assets.... Read More
 
David Bloom, global head of FX strategy at HSBC, shares his outlook for the economy and global markets as countries begin to lift their lockdown measures.... Read More
 
Barings' Head of Greater China Investments, Khiem Do, tells CNBC why the firm sees value in the Chinese yuan as well as the country's 10-year government bond at present.... Read More
 
Aninda Mitra of BNY Mellon Investment Management says China may be preparing itself for a rocky trade relationship with the U.S. as he discusses the yuan's moves on "Squawk Box Asia". He also says the country's uneven economic recovery means China may need more policy support and currency weakening in the near term.... Read More
 
The dollar steadied against the euro on Wednesday even as the common currency remained supported by news of a proposal for an economic recovery package to help the euro zone region recover from the coronavirus pandemic.... Read More
 
Gareth Berry of Macquarie said a potential hard Brexit and an escalating trade war between the U.S. and China can both be contributing factors to the U.S. dollars move.... Read More
 
Prashant Bhayani, Chief Investment Officer of BNP Paribas Wealth Management believes there are fundamentals supporting a "moderate appreciation" for the Chinese currency in the near term. He also thinks downside for the yuan is limited, unless the U.S.-China trade deal collapses.... Read More
 
The U.S. dollar fell across the board on Tuesday as optimism about a potential coronavirus vaccine and a reopening world economy helped investors shrug off Chinese-U.S. tensions, sapping demand for safe-haven assets.... Read More
 
Max Lin of NatWest Markets says Hong Kong's financial independence from the mainland and HKMA's abundant reserves will ensure HKD's dollar peg to stay intact. He also explains why HKD will not be deliberately devalued despite the protests in the city.... Read More
 
China announced a new national security law on Friday, which, if implemented, would give Beijing more control over Hong Kong... Read More
 
CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.... Read More
 
Claudio Piron of BofA Securities discusses his outlook for the Chinese yuan after the government pledges to maintain its stability at the 13th National People's Congress.... Read More
 
The dollar climbed on Friday as the emergence of a fresh source of tension between the United States and China boosted demand for safe-haven currencies and caused the euro, offshore yuan, and commodity currencies to fall.... Read More
 
UBS Global Wealth Management's Tan Teck Leng discusses the repercussions of shifting the Hong Kong dollar's peg to the greenback after Beijing signals national security legislation for Hong Kong at the Chinese parliament's annual session.... Read More
 
China is set to introduce a national security law for Hong Kong, after the city was plunged into turmoil last year by pro-democracy protests that often degenerated into violence.... Read More
 
The central bank's decision to enact its ninth-straight rate cut brings the key rate down 50 basis points to 8.25%.... Read More
 
The dollar edged higher against a basket of peers on Thursday as investors weighed the impact of the global economic lockdown, and the euro's four-day rally against the U.S. currency on optimism about a closer fiscal union in Europe ran out of steam.... Read More
 
The move secures much-needed funding as the country of 82 million burns through its reserves and faces a widening fiscal deficit.... Read More
 
The euro has rallied this week after a landmark coronavirus relief fund proposed by France and Germany provided a "meaningful positive surprise."... Read More
 
In a wide-ranging interview with Squawk Box Asia, John Velis of BNY Mellon Markets talks about the ongoing deadlock in Washington over federal aid packages, U.S. Treasurys and USD depreciation. He foresees a big pickup in demand for U.S. Treasurys and a fairly stable USD, saying the only catalyst for USD devaluation would be a massive upswing in another major currency, with the Euro the most likely contender.... Read More
 
The U.S. dollar fell to a more than two-week low against the euro as the common currency enjoyed a boost from the recently announced proposal for a common fund that could move Europe closer to a fiscal union as it tries to counter the economic hit from the coronavirus pandemic.... Read More
 
Rodrigo Catril, currency strategist at NAB, explains why the Chinese yuan could trade above 7.10 against the U.S. dollar as trade tensions increase.... Read More
 
The U.S. dollar edged lower against the euro on Tuesday as the common currency added to Monday's gains following news of a Franco-German proposal for a fund that would offer grants to European Union regions and sectors hit hardest by the coronavirus pandemic.... Read More